8/15/2007

*FUNDAMENTALS: Pot Odds

POT ODDS are the odds being offered to you
by the pot, compared to how much money
you have to invest into it.

For example, lets say all five community cards
have been dealt and there is $400 in the pot.

Your opponent bets $100.

The pot now has $500 in it.

It will cost you $100 to potentially win $500.

You are getting Pot Odds of 5:1

Pot odds are especially important when

deciding whether to "chase" your draws.

Lets say you have 2 Hearts in your hand

and the flop comes with 2 more Hearts
giving you a flush draw.

The odds of you making your flush

by the river are 2:1 against it,
meaning out of 3 times...
1 time you will hit it, 2 times you will miss.

If you had to call a $100 bet on the flop,

with $500 in the pot, you are getting
pot odds of 5:1.

The odds of making your flush

by the river is 2:1, giving you much
better odds to win than the pot odds to call,
you Must Call.

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